Tim Cook: Supply and Demand for the new iPhone 6 and 6 Plus are "Not on the Same Planet"

[RaduTyrsina]

Despite naysayers and some problems related with the new iPhones 'bendability', the iPhone 6 and the iPhone 6 Plus are enjoying tremendous success. At the latest earnings call, Apple boss Tim Cook said that supply and demand for the new iPhone 6 and 6 Plus are "not on the same planet" and may not reach a balance until next year. Here's what more he added:

"We're not nearly balanced, we're not close, we're not on the same planet. That said, I'm really confident that supply is going to be great and that's the reason you see incredibly strong guidance that we're giving [for next quarter]."

Apple has record-breaking first weekend sales of 10 million units in September, so by now it's pretty clear that the iPhone 6 and the iPhone 6 Plus represent a huge success for Apple.

As a matter of fact, sales are stronger than even Apple anticipated. Now, the company has to balance supply with the huge demand. But that's perhaps the nicest problem to have when you're in a business like this.

Source: Apple